Hotel Chocolat Group (LON:HOTC) posted its quarterly earnings results on Tuesday. The company reported GBX 11.30 ($0.15) earnings per share for the quarter, Digital Look Earnings reports.
Shares of LON HOTC opened at GBX 406.50 ($5.35) on Thursday. The company has a current ratio of 1.33, a quick ratio of 0.34 and a debt-to-equity ratio of 0.03. Hotel Chocolat Group has a 12 month low of GBX 4.96 ($0.07) and a 12 month high of GBX 527 ($6.93). The stock has a 50 day moving average of GBX 455.78 and a 200-day moving average of GBX 418.72. The company has a market capitalization of $470.02 million and a P/E ratio of 42.79.
The firm also recently announced a dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Thursday, March 5th will be paid a dividend of GBX 0.60 ($0.01) per share. The ex-dividend date of this dividend is Thursday, March 5th. This represents a dividend yield of 0.15%. Hotel Chocolat Group’s dividend payout ratio is currently 0.21%.
Several research firms have weighed in on HOTC. Liberum Capital reaffirmed a “hold” rating on shares of Hotel Chocolat Group in a research report on Tuesday. Peel Hunt lifted their target price on Hotel Chocolat Group from GBX 400 ($5.26) to GBX 425 ($5.59) and gave the stock a “buy” rating in a research note on Tuesday. Finally, Peel Hunt reiterated a “buy” rating and set a GBX 410 ($5.39) target price on shares of Hotel Chocolat Group in a research note on Thursday, January 23rd.
In other news, insider Matthew Margereson sold 20,270 shares of Hotel Chocolat Group stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of GBX 420 ($5.52), for a total transaction of £85,134 ($111,988.95).
About Hotel Chocolat Group
Hotel Chocolat Group plc manufactures, distributes, and retails chocolates under the Hotel Chocolat brand name in the United Kingdom, rest of Europe, and internationally. It offers a range of chocolates, including self-purchase, gift and occasion, and rare and vintage chocolates, as well as drinking chocolates, cocoa-infused alcohols, and cocoa-based beauty products.
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